On November 1, 2022, the following were the account balances of Wildhorse Equipment Repair Limited. Wildhorses year-end is October 31 and it records adjusting entries monthly.

During November, the following summary transactions were completed.

Nov.	8		Paid $1,310 for salaries due employees, of which $630 is for November and $680 is for October salaries payable.
	10		Received $1,450 cash from customers in payment of account.
	12		Received $2,950 cash for services performed in November.
	15		Purchased equipment on account $4,010.
	17		Purchased supplies on account $1,250.
	20		Paid creditors $2,700 on account.
	22		Paid November rent $450.
	25		Paid salaries $970.
	27		Performed services on account and billed customers for services provided $950.
	29		Received $580 from customers for services to be provided in the future.

Adjustment data:

1.		Supplies on hand are valued at $1,070.
2.		Accrued salaries payable are $480.
3.		Depreciation on equipment for the month is $255.
4.		Deferred revenue of $320 is earned.
5.		Incurred income taxes for the month amounting to $50, to be paid next month.

a. Enter the November 1 balances in the ledger accounts.

b. Journalize the November transactions.

c. Enter the opening balances, and post the transactions to ledger accounts

d. Prepare a trial balance at November 30.

WILDHORSE EQUIPMENT REPAIR LIMITED Post-Closing Trial Balance November 1, 2022 Debit Credit Cash $3,060 Accounts receivable 2,920 Supplies 1,010 Equipment 10,200 Accumulated depreciation - Equipment $6,120 Accounts payable 2,210 Salaries payable 680 Deferred revenue 430 Common shares 1,000 Retained earnings 6,750 $17,190 $17,190